Iran, sanctions and Oil futures
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US targets Iran’s shadow fleet with new sanctions as tensions rise during Oman talksThe United States has announced new sanctions targeting what it describes as a “shadow fleet” used to transport Iranian oil and petroleum products. The measures are aimed at cutting off revenue that the US says supports Iran’s government and its activities at home and abroad.
The sanctions will target six officials who “oversee the Iranian security forces responsible for the violent crackdowns on protesters,” including Iran’s minister of the interior. The United States State Department and the Department of the Treasury launched new sanctions focused on Iranian officials involved in the regime’s “brutal crackdown” on anti-regime protestors,
The sanctions were announced as US and Iranian officials held talks in Oman on Friday. The discussions were mediated by Omani officials and aimed at easing rising tensions over Tehran’s nuclear program. The Wall Street Journal reported that Iran rejected US calls to halt its uranium enrichment during the indirect talks.
The penalties are the latest by the United States and the European Union targeting high-ranking officials over the crackdown.
The US on Friday announced a new round of sanctions targeting Iran’s oil and petrochemical trade, including an India-based shipping management firm, hours after indirect talks between Tehran and Washi
The United States has imposed fresh sanctions on Iran’s oil trade, targeting 15 entities and 14 vessels linked to what Washington described as illicit exports of petroleum and petrochemical products.
Cut off from dollar system, Iranians use blockchain to move money abroad; research firm says it found over 5,000 IRGC-linked addresses and that Guards moved $3 billion in crypto since 2023
Delegations from the United States and Iran concluded indirect talks in the Gulf Arab state of Oman Friday. It was the first round of negotiations between the two sides since the US and Israel struck the Islamic Republic last summer.
Senior US officials are unclear on Trump's objectives for military action in Iran, as indirect talks continue in Oman amid rising tensions.
Iranian President Masoud Pezeshkian has ordered the start of nuclear talks with the United States, local media said Monday, after US leader Donald Trump said he was hopeful of a deal to avert military action against the Islamic republic.